The Southern Company (SO) earnings on April 30, 2026
More The Southern Company earnings
Prior outlook: No statistical edge
The stock price increased after the company released its earnings report. It saw a good jump during the day and closed higher.
SO price around the earnings
96.60
Change: +3.3%
2026-04-30, 19:59 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: No statistical edge
- Thesis published
Analysts cautious, risk outweighs reward.
This utility company benefits from AI demand, but sentiment is weakening and analyst actions are mixed. The stock shows weak price trends and limited upside potential, suggesting a cautious scenario.
Context analyzed before publication
- Summary
- Analysts cautious, risk outweighs reward.
- Reasoning
- This utility company benefits from AI demand, but sentiment is weakening and analyst actions are mixed. The stock shows weak price trends and a limited optimistic scenario, suggesting a cautious scenario.
- Playbook
- Given the mixed analyst ratings and weak technicals, the scenario suggests waiting for a clearer context.
- Trend
- Outlook deteriorating over past five sessions.
Analysts
Drivers
-
Analysts
Negative
Several analysts have issued unfavorable ratings or lowered their price targets, despite a moderate average price target that points to some optimistic scenario. This mixed analyst activity, with more recent negative actions, suggests a cautious scenario.
Evidence
- Analyst consensus
- Hold
- Consensus average (1-5)
- 2.58
- Analysts covering the stock
- 19
- Average price target
- 101.71
- Lowest price target
- 81
- Highest price target
- 114
- Upside to price target
- 10.7%
- Quarterly earnings growth
- -22.1%
- Revenue growth
- 10.1%
- Forward EPS
- 4.92
- Trailing EPS
- 3.92
- Analyst moves in the last 60 days
- 7
- Strong buy: 1
- Buy: 6
- Hold: 15
- Sell: 1
- Strong sell: 1
- Strong buy
- 1
- Buy
- 6
- Hold
- 15
- Sell
- 1
- Strong sell
- 1
- April 21, 2026 · Morgan Stanley: Maintains rating (Underweight → Underweight)
- April 21, 2026 · Truist Securities: Initiates coverage (Hold)
- April 20, 2026 · Seaport Global: Downgrades rating (Buy → Neutral)
- April 10, 2026 · Barclays: Maintains rating (Equal-Weight → Equal-Weight)
- March 6, 2026 · TD Cowen: Maintains rating (Buy → Buy)
- March 5, 2026 · Evercore ISI Group: Upgrades rating (In-Line → Outperform)
- March 4, 2026 · Keybanc: Upgrades rating (Underweight → Sector Weight)
News and sentiment
Drivers
-
News & sentiment
Positive
The company recently increased its dividend, which is positive for income-focused investors. However, this is counterbalanced by negative analyst actions, and social media sentiment is neutral with low participation, providing no strong indication of retail interest.
Evidence
Sentiment
- Sentiment
- Neutral
- Mention volume
- Low
- Normalized volume
- 33%
News
There is no news coverage available for this event.
Technicals
Drivers
-
Technical
Negative
The stock's recent performance is lagging behind the broader market, indicating a negative price trend. The current price is very close to the nearest resistance level, while support is further away, suggesting a limited optimistic scenario and a potential for a pessimistic scenario.
Evidence
- Average true range (ATR)
- 1.6%
- Distance to 52-week high
- -8.8%
- 14-day change (14d)
- -5.2%
- 30-day change
- -4.5%
- 30-day relative strength
- -8.3%
- Benchmark change
- +3.8%
- Nearest support
- 91.92
- Nearest resistance
- 99.5
- Volume accumulation ratio
- 0.72
Trends
Evidence
- Average earnings surprise
- +3.1%
- February 19, 2026: actual EPS 0.55 vs estimate 0.56 (surprise -1.4%)
- October 30, 2025: actual EPS 1.6 vs estimate 1.51 (surprise +6.0%)
- July 31, 2025: actual EPS 0.92 vs estimate 0.88 (surprise +4.7%)
- May 1, 2025: actual EPS 1.23 vs estimate 1.19 (surprise +3.0%)
Expected move
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 1.5%
- 75th percentile move
- 2.7%
- 90th percentile move
- 3.8%
- Up / down moves
- 11 / 8
- Average up move
- +2.4%
- Average down move
- -1.0%
Monitoring and close
What The Southern Company reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Consolidated
- +3.3%
- Max move
- +3.4%
No verdict: the outlook took no direction, so there is nothing to score as a hit or a miss.